Gold price trades near high after preliminary Consumer Sentiment falls to 46.3, inflation expectations rise
(Kitco News) – The gold market is trading not far from session highs after the latest data showed consumer sentiment…
Rising rates could ‘bite’ into Australia’s $4.5 trillion superannuation sector, Bank of America warns
What would it take to put the global economy into a tailspin? The Bank of America, which is…
Bond yields at two-decade highs in largest market correction in generations
We are witnessing a once-in-a-generation bond market sell-off. It’s the main event on global financial markets at present,…
China suffers setback to dedollarize global finance as Saudi Arabia exits Beijing’s payment scheme
Saudi Arabia quietly dropped out of China’s mBridge digital payment platform, which Beijing has touted as an alternative to…
Marginal improvement in CPI may not be enough to stave off September rate hike – Natixis’ Christopher Hodge
(Kitco News) – Friday’s CPI report will likely show that underlying inflation continues to move in the right…
Peru’s monetary system would not work in Venezuela
Steve H. Hanke is a Senior Contributing Columnist at Fortune and a Professor of Applied Economics at The…
Gold price at $4,463/oz after ISM Services PMI rises to 55.4 in August
(Kitco News) – The U.S. service sector improved above expectations last month, according to the latest data from…
Ben McKenzie’s journey from The OC to calling crypto ‘the largest Ponzi scheme in history’
For many millennials, Ben McKenzie is still best known for his role as a troubled teen from the…
Venezuela dollarizing would be the biggest currency switch since the advent of the euro, Hanke says
Steve Hanke earned the moniker “Money Doctor” after advising governments across the globe on how to use currencies…
Dale Jackson: Quebec firm targets billions of unclaimed dollars in Federal disability retirement plan
Of the 311,000 active registered disability savings plans (RDSP) started since the program’s inception in 2008, $3.3 billion…
UK supplement brands face new subscription rules
The move is part of a broader wave of initiatives during Burnham’s first 29 days in office, as…
Lulu Sun announces break from tennis due to ‘relentless’ demands
Lulu Sun announced in a social media post Friday night that she was taking a break from tennis…